Hudbay Minerals (TSE:HBM - Get Free Report) NYSE: HBM had its price objective hoisted by research analysts at Jefferies Financial Group from C$14.00 to C$15.00 in a report issued on Friday, BayStreet.CA reports.
Other research analysts have also recently issued reports about the company. Stifel Canada raised Hudbay Minerals to a "strong-buy" rating in a research note on Monday, July 22nd. Royal Bank of Canada decreased their price objective on Hudbay Minerals from C$18.00 to C$16.00 and set an "outperform" rating for the company in a research report on Tuesday, September 10th. Canaccord Genuity Group dropped their target price on shares of Hudbay Minerals from C$16.00 to C$15.00 in a report on Monday, July 22nd. Eight Capital upped their price target on shares of Hudbay Minerals from C$14.50 to C$18.00 in a report on Thursday, July 11th. Finally, Stifel Nicolaus increased their price objective on shares of Hudbay Minerals from C$15.00 to C$16.00 and gave the stock a "buy" rating in a research report on Monday, July 22nd. Twelve investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, Hudbay Minerals currently has an average rating of "Buy" and a consensus target price of C$15.41.
View Our Latest Report on HBM
Hudbay Minerals Price Performance
Hudbay Minerals has a 52-week low of C$5.46 and a 52-week high of C$14.33. The company has a market capitalization of C$5.02 billion, a PE ratio of 34.49, a price-to-earnings-growth ratio of 3.97 and a beta of 1.82. The company has a current ratio of 1.87, a quick ratio of 0.85 and a debt-to-equity ratio of 49.37. The stock's fifty day moving average price is C$10.72 and its two-hundred day moving average price is C$11.35.
About Hudbay Minerals
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Hudbay Minerals Inc, a diversified mining company, focuses on the exploration, development, operation, and optimization of properties in North and South America. It produces copper concentrates containing gold, silver, and molybdenum; gold concentrates containing zinc; zinc concentrates; molybdenum concentrates; and silver/gold doré.
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